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Otis Worldwide issues $500 million in unsecured notes

PUBT·11/05/2026 23:24:43
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Otis Worldwide issues $500 million in unsecured notes
  • Otis Worldwide issued $500 million of unsecured, unsubordinated notes on November 5, 2026.
  • The notes carry a 5.83% annual interest rate and mature on November 5, 2036.
  • Estimated net proceeds of $495.3 million will help repay $500 million of 2.29% notes maturing April 5, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Otis Worldwide Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-042122), on November 05, 2026, and is solely responsible for the information contained therein.